DestoCX is the first part of the DESTO fintech ecosystem to be launched. Incepted in September 2018, DestoCX aims to provide exceptional cryptocurrency exchange services to people around the world. Incorporating a custodian feature, the Satoshi Trust, we have outlined security on top of achieving excellent customer satisfaction as our core values. The Satoshi Trust provides an added layer of security so our clients can use our platform with confidence knowing that their funds or digital assets are protected.

The exchange runs on the distributed technology system which is similar to the ones used by Google, Twitter and Facebook. We are capable of holding very high traffic and maintaining the system efficiency at a highly satisfactory level.

It is a matter of time before cryptocurrency markets powered by blockchain technology become the new standard in the world economy. We are already witnessing the evolution now as current methods of payments are becoming redundant, before it becomes obsolete. It is with this simple reason that DestoCX exists and will continue to exist, to serve the needs of financial evolution.

Our team consists of experienced developers, business professionals and crypto enthusiasts. We continuously strive to improve on our exchange platform because we want this project to be globally recognized. And without you, our valuable client, this goal is not possible.

The Fundamentals of Cryptocurrency

It all began with Bitcoin. It is the first decentralized cryptocurrency ever invented in 2009 by a person named Satoshi Nakamoto. His identity is unknown till today. Because Bitcoin was the first cryptocurrency to exist, all digital cryptocurrencies created since then are called Altcoins. Dash, Ethereum, Ripple and hundreds of other coins are Altcoins because they are not Bitcoin.

Bitcoin is completely digital, designed to be ‘self-contained’ for its value, with no need for banks or other middlemen to move or store the money. Bitcoin transactions are irreversible.

Owning a Bitcoin is much like owning physical gold. It possesses value and can be traded as if it were nuggets of gold in your pocket. You can use your Bitcoins to purchase goods and services on and off line, or you can store them and hope that their value increases over the years.

Why Crypto?

1

Crypto is the new Internet

Cryptocurrencies are easily accesible and available to laymen, just like the Internet was a few decades ago: you can easily find user-friendly wallets, video tutorials, crypto debit cards. Today it is much easier to use Bitcoin than 2 years ago. And it will get easier with time.

2

Government and traditional banking systems are not trusted anymore

Banking crisis, bail-in, madness of Venezuela or India make people look for alternatives.

3

Crypto has matured

The longer the history of technology or invention exists, the more people become confident and trusting about it. More and more people are discovering that Bitcoin and many other coins will not falter.

4

Growing number of Bitcoin users

Because there is a limited number of coins, more Bitcoin users mean the rarer the coins - therefore driving the price up. Larger number of users makes Bitcoin more acceptable; becoming more useful as a system.

5

Increasing number of Internet users

Half of the earth’s population still have no access to the Internet. The growing number of new Internet users also give way to an increasing number of cryptocurrency users.

6

Increasing acceptance of Bitcoin as a store of value

Factors #1 and #9 influence attractiveness as a store of value which in turn increases popularity (#2).

7

Blockchain is being implemented in various industries

Healthcare, logistics, telecom, education - blockchain is not just fintech. The more people trust in Blockchain, the more they trust the currencies based on it.

8

Legal status of cryptocurrencies becomes clear

Some countries have already introduced Bitcoin into their tax and legal systems. More and more people are assured that they are not breaking the law by using cryptocurrencies.

9

Cryptocurrencies technological development

Cryptocurrencies are getting better: bug fixes, new features and much more.

10

Increasing number of lost coins

Due to the fact that people sometimes lose their (crypto)wallets, coins become more and more scarce.

11

World is turning to the digital economy

Digital money is becoming to be a norm, which increases trust in cryptocurrencies.

12

Renewable energy sources

Solar panels have become the cheapest source of energy in some countries, and the price of them is falling dramatically. Cheaper energy means more decentralized (crypto)mining, thanks to which the system is more durable.

Trading Fees

We run on a simple flat fee system with no added charges or hidden costs:

Taker - 0.5% Maker - 0.1%

Taker
- when you place an order at the market price which is executed immediately

Maker
- when you place an order which is not executed immediately with market price and is placed on the order book

When you place an order, which is partially executed immediately, that part is charged with taker fee. The remainder of the order is placed on the order book and is charged with maker fee.

Transfer Fees

DEPOSIT FEES

TRANSFER METHOD

COST

Wire Transfer*

COMING SOON*

Bitcoin

FREE

Bitcoin Cash

FREE

Ethereum

FREE

Ethereum Classic

FREE

Tether

FREE

Dash

FREE

Litecoin

FREE

NEO

FREE

DEO

FREE

* Please be informed that for bank wire transfers, if there are additional charges such as intermediary bank, incoming fee and conversion charges and or miscellaneous 3rd party fees, the charges will be borne by the client themselves.

** For crypto to crypto transactions, please be informed that DestoCX will not impose charges for the deposits. Any 3rd party transaction/mining or other miscellaneous fees will be borne by the clients themselves.

*** Your bank may charge you a fee to wire money into your DestoCX account.

WITHDRAWAL FEES

TRANSFER METHOD

COST

MINIMUM WITHDRAWAL

Wire Transfer*

COMING SOON*

COMING SOON*

Bitcoin

0.0005 BTC

0.002 BTC

Bitcoin Cash

0.001 BCH

0.002 BCH

Ethereum

0.01 ETH

0.02 ETH

Ethereum Classic

0.01 ETC

0.02 ETC

Tether

5 USDT

10 USDT

Dash

0.01 DASH

0.004 DASH

Litecoin

0.01 LTC

0.002 LTC

NEO

FREE

1 NEO

Desto

0.001 DEO

1 DEO

* Please be informed that for bank wire transfers, if there are additional charges such as intermediary bank, incoming fee and conversion charges and or miscellaneous 3rd party fees, the charges will be borne by the client themselves.

**Please be informed that there will be a transaction fee for DestoCX to transfer the amount to your wallet/bank account. DestoCX does not charge withdrawal fees.

DestoCX supports 3 types of orders

MARKET

Market order immediately buys or sells at the best average market price. Use this order when rapid execution is more important for you than the price at which order executes.

STOP

Stop order is used to execute a market sell when the price drops to your predefined price or used to trigger a market buy if the price rises to match your predefined price. You can use this type of order as a stop loss if the market is moving against an open position.

LIMIT

Limit order lets you decide what price you want to buy or sell at. Limit order is being added to the order book and is executed when someone submits a matching order. Use this type of order when price at which order executes is more important for you than rapid execution.